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Goldman Sachs Physical Gold ETF

AAAU
Exchange
CBOE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001708646

No open-market purchases or sales by Goldman Sachs Physical Gold ETF insiders were filed in the last 90 days; 244 institutions reported holding it in 13F filings for Q2 2026, worth $882.4M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Goldman Sachs Physical Gold ETF as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
230
+26 vs. Q3 2025
Shares held
20.1M
+1.88M (+10.3%) vs. Q3 2025
Total value
$818.1M
+$124.0M (+17.9%) vs. Q3 2025
New holders
46
84 more added
Sold out
20
60 more reduced

3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AAAU on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 230 institutions
Q1 2021: 35 institutionsQ2 2021: 38 institutionsQ3 2021: 36 institutionsQ4 2021: 47 institutionsQ1 2022: 63 institutionsQ2 2022: 63 institutionsQ3 2022: 60 institutionsQ4 2022: 64 institutionsQ1 2023: 79 institutionsQ2 2023: 89 institutionsQ3 2023: 81 institutionsQ4 2023: 100 institutionsQ1 2024: 100 institutionsQ2 2024: 105 institutionsQ3 2024: 124 institutionsQ4 2024: 146 institutionsQ1 2025: 161 institutionsQ2 2025: 187 institutionsQ3 2025: 207 institutionsQ4 2025: 230 institutionsQ1 2026: 251 institutionsQ2 2026: 244 institutions
Value heldQ4 2025: $818.1M
Q1 2021: $81.2MQ2 2021: $91.2MQ3 2021: $102.8MQ4 2021: $108.0MQ1 2022: $313.7MQ2 2022: $259.7MQ3 2022: $110.8MQ4 2022: $121.3MQ1 2023: $150.9MQ2 2023: $241.0MQ3 2023: $184.2MQ4 2023: $244.2MQ1 2024: $264.1MQ2 2024: $264.3MQ3 2024: $301.8MQ4 2024: $321.5MQ1 2025: $460.7MQ2 2025: $520.3MQ3 2025: $694.7MQ4 2025: $818.1MQ1 2026: $998.2MQ2 2026: $882.4M
Institutions holding AAAU and their total value by quarter
QuarterHoldersValue
Q2 2026244$882.4M
Q1 2026251$998.2M
Q4 2025230$818.1M
Q3 2025207$694.7M
Q2 2025187$520.3M
Q1 2025161$460.7M
Q4 2024146$321.5M
Q3 2024124$301.8M
Q2 2024105$264.3M
Q1 2024100$264.1M
Q4 2023100$244.2M
Q3 202381$184.2M
Q2 202389$241.0M
Q1 202379$150.9M
Q4 202264$121.3M
Q3 202260$110.8M
Q2 202263$259.7M
Q1 202263$313.7M
Q4 202147$108.0M
Q3 202136$102.8M
Q2 202138$91.2M
Q1 202135$81.2M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Goldman Sachs Physical Gold ETF; share changes are against Q3 2025.

Institutions holding AAAU in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Wellspring Financial Advisors, LLC1,992,273$84.8M6.70%+4,302+0.2%Added
NEOS Investment Management LLC1,562,360$66.5M0.38%+774,945+98.4%Added
LPL Financial LLC994,239$42.3M0.01%+106,855+12.0%Added
Raymond James Financial Inc909,847$38.7M0.01%+180,474+24.7%Added
Exchange Traded Concepts, LLC747,358$31.8M0.26%+234,778+45.8%Added
Advisor Group Holdings, Inc.698,371$29.7M0.04%−346,758−33.2%Reduced
Proficio Capital Partners LLC624,377$26.6M1.86%−229,708−26.9%Reduced
Mirae Asset Global Investments Co., Ltd.571,600$24.3M0.07%+52,000+10.0%Added
Royal Bank of Canada535,869$22.8M0.00%−11,167−2.0%Reduced
Cetera Investment Advisers401,411$17.1M0.02%+41,095+11.4%Added
Augustine Asset Management Inc381,558$16.2M3.24%+2,439+0.6%Added
Stifel Financial Corp367,062$15.6M0.01%+94,496+34.7%Added
Sonoma Allocations LLC319,442$14.7M4.88%−7,253−2.2%Reduced
Alerus Financial NA306,513$13.0M0.64%+464+0.2%Added
Kestra Advisory Services, LLC283,778$12.1M0.05%+205,733+263.6%Added
Colton Groome Financial Advisors, LLC283,011$12.0M3.45%+6,433+2.3%Added
Osborne Partners Capital Management, LLC281,522$12.0M0.62%−8,529−2.9%Reduced
CLG LLC281,116$12.0M2.98%+281,116New
Cambridge Investment Research Advisors, Inc.252,655$10.8M0.03%−54,983−17.9%Reduced
China Universal Asset Management Co., Ltd.237,000$10.1M0.77%+5,000+2.2%Added
GoalVest Advisory LLC203,122$8.64M1.66%+65,373+47.5%Added
Prospera Financial Services Inc198,495$8.45M0.14%+3,398+1.7%Added
Commonwealth Equity Services, LLC196,186$8.35M0.01%+34,108+21.0%Added
Oarsman Capital, Inc.194,089$8.26M1.07%+12,360+6.8%Added
Courage Capital Management LLC184,254$7.84M10.84%00.0%Unchanged
Marks Group Wealth Management, Inc172,223$7.33M0.70%−25,908−13.1%Reduced
We Are One Seven, LLC152,201$6.48M0.13%+39,044+34.5%Added
Citadel Advisors LLC150,765$6.42M0.00%−6,553−4.2%Reduced
Winch Advisory Services, LLC147,877$6.29M1.39%−753−0.5%Reduced
Pensionmark Financial Group, LLC147,024$6.26M0.10%+6,924+4.9%Added
HighTower Advisors, LLC141,359$6.01M0.01%−83,872−37.2%Reduced
Geneos Wealth Management Inc.137,537$5.85M0.14%−8,780−6.0%Reduced
Procyon Private Wealth Partners, LLC129,630$5.52M0.27%+129,630New
Envestnet Asset Management Inc129,344$5.50M0.00%+4,660+3.7%Added
Foundations Investment Advisors, LLC119,270$5.07M0.07%+46,391+63.7%Added
Fortis Group Advisors, LLC105,061$5.03M0.84%−961−0.9%Reduced
Optimus Capital Advisors, LLC114,590$4.88M2.86%+114,590New
Summit Financial, LLC114,399$4.87M0.07%+2,178+1.9%Added
Cerity Partners LLC113,504$4.83M0.01%+50.0%Added
Global Retirement Partners, LLC110,640$4.71M0.08%+1,116+1.0%Added
Farther Finance Advisors, LLC108,943$4.64M0.05%+20,256+22.8%Added
JPMorgan Chase & Co105,463$4.49M0.00%+18,391+21.1%Added
KC Investment Advisors, LLC101,492$4.32M1.05%+19,597+23.9%Added
WealthTrak Capital Management LLC101,162$4.30M3.08%−4,070−3.9%Reduced
Cambridge Advisors Inc.89,568$3.81M0.73%−140.0%Reduced
Vivaldi Capital Management, LLC88,119$3.75M0.51%−21,405−19.5%Reduced
Goldman Sachs Group Inc87,800$3.74M0.00%+87,800New
Retirement Guys Formula LLC82,560$3.51M1.60%−119,282−59.1%Reduced
Nikulski Financial, Inc.82,380$3.51M0.84%+2,669+3.3%Added
Renaissance Technologies LLC79,100$3.37M0.01%−56,300−41.6%Reduced
Axxcess Wealth Management, LLC78,856$3.36M0.06%−5,160−6.1%Reduced
Resources Investment Advisors, LLC.78,300$3.33M0.03%+342+0.4%Added
Mutual Advisors, LLC78,075$3.32M0.07%+1,740+2.3%Added
Heirloom Wealth Management76,560$3.26M0.75%+76,560New
Capital Asset Advisory Services LLC68,627$3.04M0.12%−15,281−18.2%Reduced
Mariner, LLC71,025$3.02M0.00%−21,052−22.9%Reduced
Spectrum Asset Management, Inc. (NB/CA)70,786$3.01M1.00%−546−0.8%Reduced
Rockefeller Capital Management L.P.69,420$2.95M0.01%−3,500−4.8%Reduced
Gentry Private Wealth, LLC64,450$2.74M1.73%+22,443+53.4%Added
WESPAC Advisors, LLC63,568$2.70M1.47%+19,234+43.4%Added
Essex Financial Services, Inc.63,373$2.70M0.15%−475−0.7%Reduced
Paladin Advisory Group, LLC61,768$2.63M1.92%−1,145−1.8%Reduced
Walser Wealth Management Company, A Ltd Liability Co61,144$2.60M1.37%+61,144New
GWM Advisors LLC60,989$2.60M0.01%+54,914+903.9%Added
Riverwater Partners LLC60,325$2.57M0.99%+6,728+12.6%Added
Creative Planning55,695$2.37M0.00%+2,914+5.5%Added
Kestra Private Wealth Services, LLC54,976$2.34M0.03%+4,897+9.8%Added
Colony Group, LLC53,326$2.27M0.00%−10,881−16.9%Reduced
MML Investors Services, LLC53,293$2.27M0.01%+2,941+5.8%Added
Optima Capital LLC50,332$2.14M0.93%−1,920−3.7%Reduced
Regal Investment Advisors LLC47,074$2.00M0.12%+494+1.1%Added
Capstone Wealth Management Group, LLC46,947$2.00M0.84%+46,947New
NewEdge Wealth, LLC44,998$1.91M0.02%00.0%Unchanged
Silverlake Wealth Management LLC43,344$1.84M0.41%+1,680+4.0%Added
Apollon Wealth Management, LLC38,979$1.66M0.03%−4,430−10.2%Reduced
Tudor Investment Corp Et Al38,901$1.66M0.01%+38,901New
Sage Rhino Capital LLC37,038$1.58M0.30%00.0%Unchanged
Equitable Holdings, Inc.36,127$1.54M0.01%+3,546+10.9%Added
Advisory Services Network, LLC35,650$1.52M0.02%−3,982−10.0%Reduced
Generation Capital Management LLC34,270$1.46M0.95%+3,220+10.4%Added
Janney Montgomery Scott LLC33,742$1.44M0.00%+1,467+4.5%Added
Private Advisor Group, LLC33,600$1.43M0.01%+6,191+22.6%Added
Sequoia Financial Advisors, LLC33,500$1.43M0.01%+33,500New
Guidance Point Advisors, LLC33,494$1.43M0.33%−3,002−8.2%Reduced
Exit Wealth Advisors, LLC.31,334$1.33M0.79%00.0%Unchanged
Boothbay Fund Management, LLC29,700$1.26M0.03%+2,000+7.2%Added
Forefront Wealth Management Inc.29,401$1.25M0.90%+2,534+9.4%Added
Magnus Financial Group LLC28,995$1.23M0.09%−6,537−18.4%Reduced
Matauro, LLC28,717$1.22M0.18%−361−1.2%Reduced
Encompass More Asset Management28,132$1.20M0.22%+28,132New
American National Bank25,443$1.08M0.10%+23,343+1,111.6%Added
Haven Private, LLC24,832$1.06M0.46%−41,891−62.8%Reduced
Arete Wealth Advisors, LLC24,513$1.04M0.07%−4,309−15.0%Reduced
Vista Investment Partners II, LLC24,452$1.04M0.45%+5,652+30.1%Added
Visionary Wealth Advisors23,183$986.4K0.04%+450+2.0%Added
CI Private Wealth, LLC23,007$978.9K0.00%+14,545+171.9%Added
Neuberger Berman Group LLC22,000$936.1K0.00%−4,500−17.0%Reduced
Prostatis Group LLC21,364$909.0K0.22%+143+0.7%Added
J. Stern & Co. LLP902,486$902.5K0.08%+881,276+4,155.0%Added
Morgan Stanley20,784$884.4K0.00%−3,863−15.7%Reduced